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845 Texas Avenue, Houston, ...

Updated Oct 28, 2024

Cheniere Signs Lease For Office Space At 845 Texas Avenue In Houston
LEASEDOffice

Cheniere Signs Lease For Office Space At 845 Texas Avenue In Houston

845 Texas Avenue, Houston, Texas 77002, United States

Building Size

151,490 SF

Asset Type

Office

Closing

Jun 27, 2022

About this deal

AI

Cheniere, an energy company, has recently leased an office space located at 845 Texas Avenue in Houston. The property, owned by Hines & Ivanhoé Cambridge, offers a total area of 151,490 square feet. The lease transaction was finalized on June 28, 2022.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: Not applicable
  • Address: 845 Texas Avenue
  • Market: Houston
  • Square Footage: 151,490 SF

Jack Fusco, the representative of Cheniere, negotiated the lease agreement with the landlords, Hines & Ivanhoé Cambridge. The deal signifies Cheniere's expansion into the office space at 845 Texas Avenue.

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CambridgeLandlord
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Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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